Diamond drilling by Prospectors Alliance (PALL-C) continues to generate positive results from the Alder Pond base metal property in northern Maine.A drill program is delineating the flat-lying, northe…
The writeoff of the Alaska-Juneau gold project took its toll on the 1996 earnings of Colorado-based gold producer Echo Bay Mines (ECO-T).The company reported a net loss of US$69.6 million before speci…
A deal with a subsidiary of Kazakhstan Minerals (KMU.U-T) will allow Aranlee Resources (ARB-V) to acquire 10 mineral properties covering 9,7000 sq. km in central Kazakstan.Aranlee will acquire the pro…
Although July 1 in Red Lake, Ont., was hot and dry, it was a perfect day for the town’s annual Dominion Day celebration.The day’s activity’s were to consist of team fire-fighting competitions, hand-mu…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateFeb. 11Feb. 10Feb. 7Feb. 6Feb. 5…
An expansion program is under way at the Andacaba and Don Francisco mines in the Potosi district of southern Bolivia.The zinc-lead-silver producers were acquired by a subsidiary of Atlas (AZ-N) in Oct…
The Indonesian government has approved a share ownership plan that gives Chase Resource (CQS-T) and Delta Gold Mining (DTG-V) a 77.5% interest in the Cikondang gold mine and surrounding property.The V…
Short positions outstanding at January 31, 1997Larger individual positions included: Barrick Gold 10,970,779, down 129,771; AJ Perron 0, down 376,400; Anvil Range Mining 780,200, down 144,200; Anderso…
Gordon Keevil appointed president, director and chief executive officer.
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Feb.10/97 (change from previous week in brackets):Aluminum925,650(-12,825)Copper218,475(+17,975)Lead110,900(-525)Nickel45,17…
Hamilton, Ont.-based Ursa Major International (URSA-C) has identified additional mineralization on its 75%-owned Koktasjal copper-gold property in the former Soviet republic of Kazakstan.In the recent…
Prime Resources Group (PRU-T) enjoyed higher earnings and increased gold production in 1996.The company earned $42.1 million (or 55 cents per share) on revenue of $198.7 million, compared with $36.5 m…
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